5 d. ago Norway Delays First Rate Cut of Cycle After Inflation Pickup

Norway’s central bank delayed a long-communicated cut in borrowing costs until later this year as officials responded to a flare-up in inflation.

Economics

5 d. ago Bank of Canada says it would have likely held rate steady if not for tariffs

OTTAWA — The Bank of Canada likely would have hit pause on its interest rate lowering cycle earlier this month were it not for the substantial uncertainty around tariffs from the United States. The central bank today released a summary of the discussions that led to its quarter-point rate cut two weeks ago in a […]

Economics

6 d. ago UK Inflation Cools Unexpectedly in Boon for Reeves and Rate Cuts

UK inflation unexpectedly cooled, strengthening the case for the Bank of England to cut interest rates again in May and providing a morale boost for Chancellor of the Exchequer Rachel Reeves ahead of a key economic statement Wednesday.

Economics

7 d. ago Finance Chief’s Exit Pressures Colombia Central Bank to Hold Rates

Analysts see increased odds that Colombia’s central bank will ditch the idea of an interest-rate cut at its next meeting in the wake of the finance’s minister surprise exit just three months into the job.

Other

8 d. ago Mexico Inflation Slows More Than Forecast Before Banxico Vote

Mexico’s inflation slowed more than expected in the first half of March, as the central bank is set to meet this week to consider a sixth straight rate cut and likely a second straight half-point reduction.

Economics

8 d. ago ECB Case to Cut Rate Has Strengthened, Cipollone Tells Expansion

The European Central Bank’s case to keep lowering borrowing costs has strengthened since its last decision, according to Executive Board member Piero Cipollone.

Other

1 week ago Stournaras Says Everything Points to April ECB Cut: Econostream

An European Central Bank interest-rate cut at the next meeting currently looks likely, said Governing Council member Yannis Stournaras, adding that it’s too early to say for certain that such a move will happen.

Other

1 week ago U.S. Federal Reserve holds interest rate, sees slower economic growth ahead

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year.

Other

1 week ago Federal Reserve could still cut interest rates this year, but for ‘bad’ reasons

WASHINGTON (AP) — Even as the economy undergoes what may be wrenching changes, the Federal Reserve on Wednesday is expected to signal it could cut its key interest rate twice this year — the same forecast it issued in December. Yet the reasons for those cuts may change dramatically, depending on how the economy fares. […]

Other

2 w. ago Safety Is a Right, Not a Compromise: Beware of Fraudulent Fuels Workers

Fraudulent fuels workers are known for performing less expensive work with cheaper, unsafe materials. This can be dangerous or even deadly. TORONTO, March 17, 2025 (GLOBE NEWSWIRE) — Fraudulent fuels workers, those that are uncertified or unregistered – also known as ‘trunk slammers,’ put Ontarians at risk by offering cut-rate services using substandard materials and […]

Society

2 w. ago Polish Policymaker Kotecki Still Sees Some Chance of Interest

Poland may still reduce interest rates as early as July despite the central bank’s new projections showing a higher inflation path and hawkish comments by Governor Adam Glapinski, policymaker Ludwik Kotecki said.

Events

2 w. ago TSX rises, U.S. markets mixed after more tariffs take effect, BoC cuts rate

Canada’s main stock index rose Wednesday while U.S. markets were mixed, after 25% tariffs on U.S. imports of steel and aluminum officially kicked in and the Bank of Canada cut its key lending rate by a quarter-point to 2.75 per cent. The S&P/TSX composite index was up 175.14 points at 24,423.34. In New York, the […]

Economics

2 w. ago Canadian dollar looks through Bank of Canada rate cut and tariff mayhem — for now

There are voices in the investor community who think tariffs will win out over inflation, making more rate cuts likely

Economics

2 w. ago U.S. trade ‘crisis’ will drive up prices, Bank of Canada warns after rate cut

OTTAWA — Prices will rise, the economy will suffer and the Bank of Canada can’t lower interest rates enough to shield Canadians from the worst impacts of a prolonged trade war with the United States. That was the stark message Wednesday from the head of the Bank of Canada after the central bank delivered another […]

Economics

2 w. ago House hunting in a trade war? What Bank of Canada’s rate cut means for you

The Bank of Canada cut its benchmark rate by 25 basis points, bringing it down to 2.75 per cent. Experts say the outlook for the housing market remains hazy.

Economics

2 w. ago Interest rate cut to reduce the impact of trade war: CPA Canada’s chief economist

TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — The Bank of Canada’s decision to cut its key interest rate aims at softening the impact of an escalating trade war with the U.S. as the Canadian economy begins to falter from its strong footing at the start of 2025. The trade uncertainty has spiked inflation expectations among […]

Economics

2 w. ago Royal Bank of Canada, TD Bank cut prime rate to 4.95%, following Bank of Canada’s lead

Reduction takes effect March 13

Other

2 w. ago Takeaways on tariffs, jobs and more from the Bank of Canada interest rate decision

The Bank of Canada cut its key interest rate for the seventh time in a row on Wednesday, bringing it to 2.75 per cent. Though the series of rate cuts has eased some pressure on consumers after the central bank hiked rates to fight inflation, the burgeoning trade war with the U.S. has cast a […]

Economics

2 w. ago Could trade war, interest rate cut help millennials and gen Z enter housing market?

Economic uncertainty, slowing demand and growing supply may boost buyers’ chances, though 'crystal ball is very, very foggy'

Economics

2 w. ago Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy

OTTAWA — The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy. The policy rate stands at 2.75 per cent after the central bank’s seventh consecutive rate cut. The move was widely expected by economists. […]

Economics